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Chevron: The U.S. plan for a larger unified exploration zone in the southern Ionian Sea
The next phase for Block 10 has been postponed to 2028 following the 15-month extension of the exploration program approved by the Greek government
New step for hydrocarbon exploration in the Ionian Sea: US Chevron enters Block 10 with 70% stake
“The Greece is continuously strengthening its position on the energy map of the Eastern Mediterranean,” said Energy Minister Stavros Papastavrou in a statement
Donald Trump met with Chevron and other oil giants: Concerns over the “war shock” in energy prices
The U.S. president regularly holds meetings with industry executives in order to stay informed about developments. Gasoline prices in the U.S. have reached $4.18 per gallon, the highest level since 2022
Greek Parliament ratifies Greece–Chevron agreements for hydrocarbon exploration and exploitation
Energy and Environment Minister Stavros Papastavrou, closing the two-day debate that preceded the vote in the Hellenic Parliament, described the decision as a “historic day for Greece.”
Greece–Chevron hydrocarbon contracts in Parliament – PASOK votes against exploration south of Crete
The bill is being discussed in Parliament using the procedure followed for ratifying contracts. Energy and Environment Minister Stavros Papastavrou said: “Our country has been transformed into a central gateway for American liquefied natural gas, and now we aim to become a producer of natural gas”
